AIRLINK 75.50 Increased By ▲ 1.00 (1.34%)
BOP 4.73 No Change ▼ 0.00 (0%)
CNERGY 4.18 Increased By ▲ 0.04 (0.97%)
DFML 40.12 Increased By ▲ 0.77 (1.96%)
DGKC 88.80 Increased By ▲ 3.90 (4.59%)
FCCL 22.99 Increased By ▲ 1.09 (4.98%)
FFBL 30.47 Increased By ▲ 0.26 (0.86%)
FFL 9.23 Decreased By ▼ -0.02 (-0.22%)
GGL 10.14 Decreased By ▼ -0.26 (-2.5%)
HASCOL 6.20 Decreased By ▼ -0.13 (-2.05%)
HBL 106.50 Decreased By ▼ -1.75 (-1.62%)
HUBC 140.10 Decreased By ▼ -0.15 (-0.11%)
HUMNL 10.59 Increased By ▲ 0.29 (2.82%)
KEL 4.77 Decreased By ▼ -0.03 (-0.63%)
KOSM 4.39 Decreased By ▼ -0.03 (-0.68%)
MLCF 38.40 Increased By ▲ 0.90 (2.4%)
OGDC 123.60 Decreased By ▼ -1.04 (-0.83%)
PAEL 24.62 Increased By ▲ 0.18 (0.74%)
PIBTL 6.10 Decreased By ▼ -0.10 (-1.61%)
PPL 114.30 Decreased By ▼ -2.10 (-1.8%)
PRL 24.06 Decreased By ▼ -0.54 (-2.2%)
PTC 13.05 Decreased By ▼ -0.08 (-0.61%)
SEARL 59.60 Increased By ▲ 3.61 (6.45%)
SNGP 61.80 Decreased By ▼ -1.18 (-1.87%)
SSGC 9.66 Decreased By ▼ -0.21 (-2.13%)
TELE 7.85 Decreased By ▼ -0.14 (-1.75%)
TPLP 10.07 Increased By ▲ 0.14 (1.41%)
TRG 65.20 Increased By ▲ 0.70 (1.09%)
UNITY 26.90 Increased By ▲ 0.24 (0.9%)
WTL 1.34 Increased By ▲ 0.02 (1.52%)
BR100 7,701 Decreased By -17 (-0.22%)
BR30 24,706 Decreased By -71.5 (-0.29%)
KSE100 73,754 Decreased By -108.9 (-0.15%)
KSE30 23,617 Decreased By -74.6 (-0.31%)

Federal Minister for Railways Shaikh Rashid Ahmed on Friday claimed to have doubled the freight train operation, besides increasing commuters up to 8 million in the last one year. Addressing a press conference flanked by Federal Minister for Water Resources Faisal Vawda, Rashid said he has declared 2019 the freight train year and wants to turn Railways into a profitable transport entity in his tenure.
He said when he assumed the charge of Railways ministry; only 8 freight trains were being operated with limited loading capacity, however, now 15 such trains are operating and the annual revenue from freight trains now stands at Rs 18 billion.
He informed that Prime Minister Imran Khan is visiting China this month. "I will be with him during this historic visit and will work on pricing and loan sanction of the Main Line-1."
Rashid told that he had already signed the feasibility and PC-I of ML-1 some 14 years back which is now going to become reality. "I will also request the PM as well as the Chinese authorities to work on feasibility of fast train ML-2.
"We have attracted around 8 million more passengers during the period, and the earnings have also increased up to Rs 10 billion in just one year which have helped in reducing the annual deficit."

Copyright Business Recorder, 2019

Comments

Comments are closed.